The portion of authorized capital that has been allotted to subscribers
Answer Details
The portion of authorized capital that has been allotted to subscribers is called "issued capital". Issued capital is the part of authorized capital that a company actually sells and issues to its shareholders, either in the form of common or preferred shares. It represents the amount of money that has been raised by the company through the sale of shares. The issued capital can be different from the paid-up capital, which is the actual amount of money that has been paid by the shareholders for their shares.